New cooperation offers worldwide training on International Public Sector Accounting Standards

London, 08 April 2014

Newsroom

The Chartered Institute of Public Finance & Accountancy (CIPFA), EY and IASeminars have announced they will jointly offer a comprehensive range of training courses on International Public Sector Accounting Standards (IPSAS) in selected countries around the world.

The recent sovereign debt crisis has reinforced the importance of credible and transparent reporting of government financial data. IPSAS enhance the quality of financial reporting and are being adopted around the world by an increasing number of governments, public authorities and international organisations - including the United Nations. Additionally, the European Union is considering the development of European Public Sector Accounting Standards (EPSAS) based on similar principles to IPSAS.

Speaking about the launch of these joint IPSAS training courses, Ian Carruthers, CIPFA’s Policy and Technical Director and a member of the IPSAS Board, comments: “CIPFA is delighted to be working with EY and IASeminars on this important project. There is a growing international demand for high-quality IPSAS training, and this new collaboration will help provide the skills needed to operate within the increasingly demanding world of international public finance”.

Thomas Müller-Marqués Berger, Global Leader International Public Sector Accounting at EY and also a member of the IPSAS Board notes: “As one of the global industry leaders in transparency, EY is pleased to be cooperating with two of the world’s leading IPSAS training providers. We also see this joint project as the logical next step in the already successful cooperation between CIPFA and EY, and we look forward to contributing our global knowledge and experience gained from large-scale IPSAS conversion projects.”

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Notes to Editors

The cooperation between CIPFA- the leading professional body for public financial management, IASeminars - a worldwide financial training business, and EY - a global leader in assurance, tax, transaction and advisory services, will provide a unique global offering of technical training courses on International Public Sector Accounting Standards (IPSAS). This will include courses planned in 2014 for such cities as Geneva, Hong Kong, London, Lagos and Cape Town. Detailed teaching and materials on a broad and growing range of IPSAS topics will be delivered by respected and experienced professionals, representing the most comprehensive and topical IPSAS training currently available in the market.

The Chartered Institute of Public Finance & Accountancy (CIPFA) is a global professional accountancy body exclusively dedicated to public finance. CIPFA is represented on the IPSAS Board and uses its extensive experience to provide support to organisations moving to IPSAS. CIPFA also offers its own Certificate in International Public Sector Accounting Standards (Cert IPSAS).

About EY

EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.

This news release has been issued by EYGM Limited, a member of the global EY organization that also does not provide any services to clients.

About IASeminars

IASeminars is an independent global financial training company offering an extensive range of live and online courses around the world. Since 2002, some 16,000 participants have come from over 140 different countries to attend IASeminars events, which are offered on 5 continents as well as online.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.